VALUE ADDED TAX Registration limit Deregistration limit Standard rate Reduced rate 85,000 83,000 20% 5%

Question 4 Talisa is a sole trader registered for VAT. During the quarter to 31 October 2020, she had the following (all exclusive of VAT): Sales to UK customers: Standard-rated sales Zero-rated sales Export of goods to non-EU members Purchases: Standard-rated Zero-rated Expenses: Salaries Car repairs Fuel Other standard rated expenses Plant and Machinery acquired 78,980 18,770 10,820 32,840 4,360 18,000 1,160 2,040 6,330 22,000 Talisa drives a car with a C02 emission of 166 g/km. She uses the car for both business and private purposes and keeps no mileage record. She reclaims 100% of VAT on the fuel.